American Institute for Advanced Investment Management LLP Boosts Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

American Institute for Advanced Investment Management LLP grew its position in Digital Realty Trust, Inc. (NYSE:DLR) by 195.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 7,040 shares of the real estate investment trust’s stock after purchasing an additional 4,660 shares during the period. American Institute for Advanced Investment Management LLP’s holdings in Digital Realty Trust were worth $1,139,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in DLR. Vanguard Group Inc. boosted its holdings in shares of Digital Realty Trust by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 48,503,593 shares of the real estate investment trust’s stock valued at $6,986,458,000 after acquiring an additional 951,567 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in Digital Realty Trust by 3.1% in the second quarter. Canada Pension Plan Investment Board now owns 4,826,432 shares of the real estate investment trust’s stock valued at $733,859,000 after purchasing an additional 146,183 shares during the last quarter. Legal & General Group Plc grew its position in Digital Realty Trust by 2.8% during the 2nd quarter. Legal & General Group Plc now owns 4,730,168 shares of the real estate investment trust’s stock worth $719,222,000 after purchasing an additional 129,799 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of Digital Realty Trust by 16.8% during the 2nd quarter. Daiwa Securities Group Inc. now owns 4,725,971 shares of the real estate investment trust’s stock valued at $718,584,000 after buying an additional 678,165 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Digital Realty Trust by 5.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,541,327 shares of the real estate investment trust’s stock valued at $690,498,000 after buying an additional 228,585 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Jean F. H. P. Mandeville sold 600 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $150.26, for a total transaction of $90,156.00. Following the sale, the director now owns 9,055 shares of the company’s stock, valued at approximately $1,360,604.30. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.17% of the stock is currently owned by company insiders.

Digital Realty Trust Price Performance

Shares of NYSE:DLR traded down $0.37 during midday trading on Thursday, hitting $165.43. The company had a trading volume of 272,820 shares, compared to its average volume of 1,804,721. The business’s 50-day simple moving average is $156.77 and its 200-day simple moving average is $150.27. The stock has a market cap of $51.68 billion, a price-to-earnings ratio of 46.06, a price-to-earnings-growth ratio of 5.08 and a beta of 0.60. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.78 and a quick ratio of 1.78. Digital Realty Trust, Inc. has a twelve month low of $116.18 and a twelve month high of $166.60.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, July 25th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.63 by ($1.43). The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.38 billion. Digital Realty Trust had a return on equity of 5.93% and a net margin of 20.58%. The firm’s revenue was down .7% compared to the same quarter last year. During the same period last year, the business earned $1.68 earnings per share. On average, research analysts predict that Digital Realty Trust, Inc. will post 6.65 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date was Friday, September 13th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 135.56%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Evercore ISI lifted their price target on Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday. The Goldman Sachs Group started coverage on shares of Digital Realty Trust in a report on Monday, July 1st. They set a “buy” rating and a $175.00 target price for the company. Mizuho assumed coverage on shares of Digital Realty Trust in a research report on Thursday, July 11th. They set an “outperform” rating and a $170.00 price target on the stock. TD Cowen decreased their price objective on shares of Digital Realty Trust from $122.00 to $120.00 and set a “hold” rating for the company in a research report on Friday, July 26th. Finally, BMO Capital Markets raised shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $144.00 to $170.00 in a research note on Wednesday, June 26th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Digital Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $158.33.

About Digital Realty Trust

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.